Applied Materials, Inc. (AMAT) rated Buy by Banc of America Sec

Since then, Applied Materials, Inc. has lost 12.03% as of 09/25/2015's recent price of $15.94. If you would have followed this Banc of America Sec's recommendation on AMAT, you would have lost 12.03% of your investment in 2633 days.

Applied Materials develops, manufactures, markets and services semiconductor wafer fabrication equipment and related spare parts for the worldwide semiconductor industry. Customers for these products includesemiconductor wafer manufacturers and semiconductor integrated circuit manufacturers, who either use the Ics they manufacture in their own products or sell them to other companies. These ICs are the key components in most advanced electronic products such as computers, telecommunications devices, automotive engine management systems and electronic games.

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